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China Merchants Energy Shipping builds eight bulkers

China Merchants Energy Shipping is expanding its dry bulk fleet with eight new newcastlemaxes from the Chinese shipyard New Times Shipbuilding.

Katherine Si, China Correspondent

June 14, 2024

1 Min Read
China merchant new times bulker orders
China Merchants Energy Shipping

Hong Kong-based Ming Wah Shipping, a unit of China Merchants Energy Shipping, has inked contract with New Times Shipbuilding for the construction of eight scrubber-fitted 210,000dwt bulk carriers at a total cost of RMB4.4bn ($606m).

The vessels are due for delivery from 2028.

Building the new generation large size environment-friendly bulk carriers is in line with the company’s development strategy to accelerate bulker fleet optimization and achieve green operation goal, said China Merchants Energy Shipping.

China Merchants Energy Shipping’s last-year ordered new bulk carriers will start delivery from next year, which will significantly improve its vessel type and age structure of the fleet.

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

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